Taxes from property sales in Scotland raised almost £55 million less than the Scottish Government's estimate, a new report has revealed.

Tax collectors at Revenue Scotland netted almost £483.6 million from the Land and Buildings Transaction Tax (LBTT) in 2016-17 - but in the budget for that year the Scottish Government had forecast £538 million.

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Overall ministers had anticipated collecting £671 million from the two devolved taxes - LBTT and Scottish Landfill tax.

But figures in Revenue Scotland's annual report showed just over £633 million was collected in 2016-17.

It made clear that "Revenue Scotland is not responsible for the forecasting of expected tax revenues", saying Scottish Ministers were responsible for preparing revenue forecasts for devolved taxes in 2016-17, although independent forecasts will be done by the Scottish Fiscal Commission from 2017-18 onwards.

In the two years since it has been established, Revenue Scotland has collected more than £1 billion from the two devolved taxes.

The figures for 2016-17 also showed these raised £61 million more than the previous year.

Finance Secretary Derek Mackay said: "Revenue Scotland has continued to operate effectively and efficiently, with operating costs lower than last year and more than £1 billion of tax collected over its first two years of operation.

"The report indicates that £633 million was collected across the fully devolved taxes in 2016-17. That revenue has helped to fund our vital public services and support our ambition to create a more successful country, with opportunity for all to flourish through increased sustainable economic growth."

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Revenue Scotland chairman Dr Keith Nicholson said: "The total tax collected in 2016-17 shows an increase of over 10% compared to our first operating year, contributing even more to Scotland's public services."

"An important milestone was also reached, with the amount of tax collected by Revenue Scotland in its first two years of operating exceeding £1bn. The total transferred to the Scottish Consolidated Fund between 1 April 2015, when operations began, and 31 March 2017 was £1.15bn."